The Global Inertial Systems in Marine Applications market is valued at USD XX . XX billion in 2016 and is expected to reach a value of USD XX . XX billion by the end of 2022 , growing at a projected CAGR of XX . XX % during the forecast period of 2017 – 2022 . Inertial system equipment includes Gyroscopes , Accelerometers , Inertial Measurement Units , Inertial Navigation Systems and Multi Axis sensors . The report segments the market by area of application with an in-depth analysis of every segment in each industry .
The major applications of inertial sensors in marine industry come in the measurement of absolute roll , pitch , and azimuth . Inertial navigation systems allow accurate Georeferencing data , which makes sailing more safe and substantially , it reduces the risk to the vessel and the crew . They are instrumental in measuring the impact of waves on boats , platforms , cranes , cameras , and antennae with real time computation of Heave , surge , and sway .
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Offshore exploration requires accurate and robust inertial systems for platform stabilization , vessels equipment positioning , orientation , and monitoring . The use of unmanned vehicles has also risen in the past few years with their application in hazardous and mundane tasks . Drones are being extensively used for rig inspection and leakage detection . These devices require inertial navigation systems to control and guide them safely .
An extensive overview of the different grades of inertial sensors including Navigational , Tactical , Industrial and Automotive are given in this report . The key differences among them are explained and their market , based on application , is provided on a regional basis .
A comprehensive analysis of the key market players is provided with an outlook on the competitive landscape , which , in turn , offers valuable insights for the investors .
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What the Report Offers : 1 . Market Definition for the Inertial Systems Market along with identification of key drivers and restraints for the market 2 . Market analysis for the Inertial Systems Market , with region and country specific assessments and competitive analysis on the global and regional scales
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